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2nd Batch of Stimulus Payments to be Sent out this Week

PHILADELPHIA - MAY 8: Economic stimulus checks are prepared for printing at the Philadelphia Financial Center May 8, 2008 in Philadelphia, Pennsylvania. One hundred and thirty million households are eligible to receive a tax rebate check under the $168 billion economic stimulus plan. (Photo by Jeff Fusco/Getty Images)

If you haven’t received your $1,400 stimulus payment yet, don’t worry — it’s probably being sent out this week.

That’s the word from Internal Revenue Service, which says it’s ready to move on to the next phase of the stimulus rollout.

“For taxpayers receiving direct deposit, this batch of payments began processing on Friday and will have an official pay date of Wednesday, March 24th, with some people seeing these in their accounts earlier, potentially as provisional or pending deposits,” reads a statement released by the IRS.

“A large number of this latest batch of payments will also be mailed, so taxpayers who do not receive a direct deposit by March 24th should watch the mail carefully in the coming weeks for a paper check or a prepaid debit card.”

How do you plan on spending your stimulus payment?

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